Dent Token - Tokenizing mobile data industry on Ethereum Blockchain

Creating a world-wide marketplace on Ethereum Blockchain
to sell and buy Mobile Data with DENT Tokens

We are disrupting the mobile operator industry by creating an exchange for buying and selling mobile data

Dent Vision:

Our vision is to create a global exchange using Ethereum blockchain, where everyone on this planet has the opportunity to buy and sell mobile bandwidth in any country just like you buy foreign currencies on FOREX.

The telco industry is a complicated, fragmented mess and so 1990's. There are a handful of telcos in each country, isolated silos that don't interoperate properly with each other on the mobile market. Telco users are stuck in a trap, where their purchased data packages expire every month, even if they paid for it. We are striving to liberate it, while creating new opportunities for telcos too.

DENT Token Sale 12 July 2017

Estimated token value in ETH offered in this token sale: 152,000 ETH, (subject to variations thru the crowdsale) 100 Billion (100,000,000,000) total tokens created, of which 70% will be sold in the token sale (minimum of 35% will be reserved to purchasers with smaller budgets)

Three Disruption Megatrends on Mobile Operator Business that DENT is addressing

1. Liberation of Mobile Data.

The DENT Token will be the world-wide currency for Mobile Data between Telcos and the user community. DENT enables a “Data Sharing Economy” where users are able to freely buy, sell and donate their mobile data, from any user to any user.

2. Disruption of international Roaming. DENT facilitates the removal of data roaming cost drivers, such as expensive routings between Telcos.

3. Automated mobile data purchase for the best price.

DENT enables automated purchase capability of data packages for consumers and iOT devices. The user always gets the best price from the most suitable operator in his region, without having to worry about buying too much or too little data.

About the Company

DENT Wireless LTD, based in Hong Kong, was founded in 2014 as Commando Coder Ltd when Tero Katajainen decided to develop an automated FOREX trading system with built-in risk management functions. He integrated the product with the leading trading terminal MetaTrader, allowing traders to trade straight out of the Web application. Parts of this product are now being integrated into the DENT Exchange to allow buying, selling, and donating of mobile data packages on the marketplace. In 2017, the other founders invested in the company and joined Tero in the adventure to develop and bring DENT Exchange to the world.

1.Tero Katajainen,

CEO and Founder DENT Wireless CEO and Founder, Tero Katajainen, originating from Finland, has co-founded several Internet startups in his 20-year career. He holds a Master of Science degree in Electrical Engineering from University of Tampere, Finland. His deep knowledge about FOREX trading systems is a big advantage for DENT. Tero was also one of the first developers ever to implement direct mobile operator payment systems to consumer applications. As a specialist for transactional systems and Blockchain, Tero is the mastermind of all tech at DENT.

2.Mikko Linnamäki, Co-Founder

DENT Wireless is backed by Mikko Linnamäki, Internet pioneer and

serial entrepreneur with a track record of founding successful

Internet businesses since 1994. Mikko, also from Finland, is Co-founder of DOVECOT Oy, the company behind DOVECOT, the world‘s

most popular IMAP Server with a world market share of 72% and over

4 million installations. An estimated 2,5 billion users are entrusting

their Email storage to Dovecot every day. Mikko recently received a

patent for his invention "Ad Hoc Injection of IMAP Objects".

3.Andreas Vollmer, Co-Founder

Andreas is the Mobile specialist in the team with 12 years’

experience developing Mobile Apps, from Symbian in 2005 to iOS

and Android today. Andreas is Co-Founder of leading German

mobile app development company TDSoftware, which is developing

apps for companies such as Mercedes-Benz, Audi, Deutsche Post,

GLS, and others. Andreas is also an expert in mobile CRM systems,

and will deploy the latest tools to analyze user behavior in order to

accelerate user growth and hit target metrics.

4. Michael Wirth, Director Payment Systems, GM UK&I

Michael is taking care of the perfect flow, analytics, and easy user

experience for the exchange of DENT Tokens in our customer- and

carrier-facing applications on mobile, Web and M2M. Michael has

20 years of experience in large-scale transaction projects. He was

Director of Products and Services at eNett International, a

Travelport company and leading specialist for payment solutions in

the travel industry.

5.Ville Sundell, Smart Contract Specialist

Ville is a Finnish smart contract developer who has pioneered

smart contract based legal entities, being the first to create

companies solely on the Ethereum blockchain without any human

intervention through Etherprises LLC. Ville has over 10 years of

experience on limited and mission critical embedded systems

ranging from automotive to mobile systems, being the ideal

background for secure smart contract development.

DENT Advisory Team

1. Dr. Rainer Deutschmann, Advisor

Rainer advises DENT wireless on how to create a long-term sustainable and scalable business which creates a win-win for all market participants – customers, telcos and DENT. He brings in 20 years of experience in telco and tech industries, at companies like McKinsey, Deutsche Telekom and Reliance Industries. Rainer held senior executive positions in strategy, product and innovation across mature and developing markets. Most recently, as Chief Product & Innovation Officer, Rainer with his fellow leadership team launched Reliance Jio, the 25 billion EUR telecom and digital services venture of Reliance, and acquired 100 million customers within six months. Jio disrupts the telco landscape to democratize mobile broadband for the 1.3 billion people in India.

2.Ransu Salovaara, CEO of TokenMarket

Ransu is a financial industry executive specializing in crypto- currencies, digital assets, and blockchain technology. He launched Europe’s first Bitcoin-backed Exchange Traded Instrument, BitcoinETI, that is listed on the Gibraltar Stock Exchange as well as traded on the Frankfurt Stock Exchange. TokenMarket is an information, crowdsale, and exchange platform for digital assets.

3.Mikko Ohtamaa, CTO of TokenMarket.net,

crypto technology specialist Mikko is Co-Founder and CTO of TokenMarket and an early blockchain and Bitcoin expert, as well as Python and JavaScript developer and an Open Source advocate, taking care of the back end systems of the Token Sales on their platform.

100 Billion tokens are a lot, why are so many created?

DENT tokens are planned to be the currency for the buying and selling of mobile data packages. The mobile market is huge, 7,2 Billion Gigabytes /
month, generating $32 Billion USD monthly revenue for operators.When
the exchange gets larger, there needs to be lot of DENT tokens out
there to enable the market. That is why you get 400,000 DENTS with one
ETH in this crowdsale. Our target is to spread the tokens to as many
people as possible, therefore a small unit price.

How many tokens are the founders taking, is there a lockup?

None. The founders do not take any DENT tokens off the table. The DENT Wireless company will own 30B tokens, which will be used for purchasing initial data packages from Telcos, to help circulate DENTs to the Telco ecosystem. They will also be used in marketing and as user incentives for signing up and becoming a member of the DENT community.1 Billion DENT Tokens will be pledged to the UN Sustainable Development Goals program to provide mobile data access to developing countries. Please see the Token Sale page for more info:

How many Tokens are there in this crowdsale?

We have a total of 100B tokens, where 70%, i.e., 70 billion will be available in this Token Sale.

30% will remain in the company for employee salaries, bonuses and community incentives.

The Company will pledge 1 Billion DENT Tokens to the United Nations program for providing mobile data to developing countries.

What is the purpose of a token to the buyer?

With DENT, the user is supporting DENT in our efforts to liberate mobile data and to disrupt the mobile operator industry. For that purpose, we are developing the Ethereum Blockchain-based marketplace for mobile data, the DENT Exchange. After the marketplace is launched and carriers onboarded, DENT Tokens become the global currency of mobile data packages.

In many crowdsales, the buyers with smaller budgets have not been able to get any tokens allocated. Will you address this problem?

Yes, as we want to spread the Tokens to a broad audience to build the collective power, we will allocate 35% of the total sold tokens to these buyers.

How can I buy the tokens in this crowdsale?

That's easy, just follow this link and follow the instructions. We accept ETH.

What does your company do?

DENT Wireless is a company with a mission to tokenize, liberate, and democratize one the most important commodities in our time: mobile data and bandwidth.
We are developing a marketplace on Ethereum Blockchain for buying and selling of mobile
data packages, which can be direct telco products, or originating from
users that sell unused mobile data packages to each other.

What problem are you solving?

Mobile data access today is for many people as valuable as hot water or
electricity. When we don’t have Internet access, we fear that we are
missing out. However, access to mobile data and bandwidth is controlled
by just a few companies in every country. The mobile operators keep the
supply restricted and the prices high. Unused data allowances are made
to expire every month and that creates billions of dollars of profits
for the operators at the expense of the user.

We want the user to own their mobile data and bandwidth, they need to be able to freely sell or donate unused data to other users. World-wide.

How are you solving this problem?

To make this change, the telco market needs an overarching marketplace, which will give users and telcos alike the tools to disrupt
the current business model by themselves, for their own benefit as
they'll profit from repeat sales of data allowances. DENT Exchange will
be the global marketplace for mobile data and to globalize payments,
DENT Tokens will be the currency to be used.

DENT is aimed to be the global exchange for mobile data, where in the best case scenario all the world’s mobile data would be sold and bought and
even donated via DENT Exchange, similarly to other commodities like
international currencies are traded today. DENT Exchange will give
mobile data consumers a direct way to affect the way telcos price their
data, through the bidding process on the exchange.

The possibility of exchanging a package to a more suitable one, especially in the advent of eSIMs that allow the use of multiple operators on a
single mobile, will drive telcos to compete.

What parts of the Mobile Operator Business will you aim to disrupt?

First: We will liberate mobile data help customers to buy, sell or donate mobile data with the click of a button. We remove borders and create a global mobile data exchange with fully transparent data prices. We remove restrictions and wastage caused by limited validities. Second, we help operators to serve more customers and utilize their networks better. Operators can easily connect with the DENT platform to serve a global customer base, without the need to establish silo'ed own platforms.

Second: We want to remove the Data Roaming Fees or reduce them to a minimum Very simple. In today's telco world, when you as a US customer are - say - in Sydney, Australia watching a video, all that data traffic is routed from the US. This is obviously not the best economic way and all the data carrier cost, the so-called interconnect cost and the operator margin on-top drives the data price up that you have to pay. We want to short-circuit data access in the most direct way. Internet access will happen where you are, and the cost will be as cheap as if purchased locally. That's called LOCAL BREAKOUT and DENT will be driving the adoption of that.

Third: We will drive the Data Sharing Economy With DENT, we take the global mega-trend of the "sharing economy" one step further. People are sharing apartments with airbnb, businesses are sharing storage and compute with cloud services, and we for the first time enable sharing of mobile data across any DENT user. The sharing economy optimizes asset utilization and reduces waste, thus driving down prices for everyone.

Who are the Founders / Top Management?

Tero Katajainen (Founder and CEO)
is a serial entrepreneur and an experienced software architect who
founded the predecessor company of DENT Wireless in 2014 to create a
trading platform for FOREX (foreign currency exchange trading) with
advanced algorithms for behavioral analysis of markets.

Mikko Linnamäki, (Co-Founder)
who is also Co-Founder of DOVECOT Oy, the company behind the Open-Source
IMAP Server DOVECOT which has an install base of over 4 million servers
and a 72% global IMAP server market share. source:
http://openemailsurvey.org

Andee Vollmer (Co-Founder)
is the Mobile specialist in the team with 12 years experience on Mobile
Apps, starting with Symbian in 2005 and today on iOS and Android.

Michael Wirth (Director of Payment Systems and GM UK & Ireland)
has 20 years of experience in large-scale transaction projects, amongst
others he was Director of Products and Services at eNett International, a
Travelport company and leading specialist for payment solutions in the
travel industry."

Ville Sundell (Smart Contract Specialist),
who has pioneered smart contract based legal entities, being the first
to create companies solely on the Ethereum blockchain without any human
intervention through Etherprises LLC.

Dr. Rainer Deutschmann (Advisor)
brings in 20 years of telco and tech senior executive experience in
companies like McKinsey, Deutsche Telekom and Reliance. Most recently,
as Chief Product & Innovation Officer, Rainer with his fellow
leadership team launched Reliance Jio and acquired 100 million customers
within six months. Jio disrupts the telco landscape to democratize
mobile broadband for the 1.3 billion people in India.

In your concept, you mentioned that the devices can automatically purchase data packages from the DENT
marketplace, what is the advantage of that?

With our DENT app, customer will be able to buy, sell and donate data with the click of a button. It also allows for automatic data optimization.
For example, when the data usage run rate looks like there will be data
"left over" at the end of the month, data can be sold on the DENT
exchange to avoid wastage.

Likewise, when you are running out of data, an automatic re-charge from the DENT exchange ensures always being connected. The same logic applies to connected machines, such as your
connected car, surveillance camera or tracing device. Whenever any IoT
device requires data, it can even automatically re-charge through our
open DENT exchange and thus be always connected.

Why are the Mobile Operators not doing this themselves?

Newer developments point in the right direction, such as with eSIM, the new EU roaming regulation, and mobile data roll-over to the next months.
But really operators need someone like DENT to connec the silos and
create a global bridge, so customers can freely buy and sell mobile
data.
Added benefit is that DENT provides a single platform with a single customer billing relationship that works globally.

Talking to Telcos will be not easy and a challenging. How they will notice you and take you serious?

We are convinced DENT will create a global movement. A movement which no-one and no company can neglect. Transparency, efficiency and lower costs will prevail. We gather a global DENT community of users, who in a way "own" the DENT exchange because DENT coins are in the hands of our users. Telcos will want to continue to serve the users, and with DENT also get a tool in their hands which opens up a global user base, and a very cost efficient platform to sell data connectivity. When Millions of Telco customers with billions of dollars buying power unite themself to collectively demand change, the change will happen. DENT is the central point in this movement.

What is the timeline to get Telcos on board? We are talking to telcos around the world and will most likely gather a partnership with the first group within the next 6 months. This will likely be a group of progressive telcos, who realize the benefits of being on the side of their customers. Our DENT model has the benefit to be fully scalable. We can start with a single domestic player who wants his customers to be able to easily buy, sell and share mobile data. We can scale to integrate multiple telcos in one market to tap into a wider user base. And of course we will connect multiple domestic markets to facilitate global data exchange, and a "roam like a local" experience for all users. Of course, we know that dealing with telcos is slow and cumbersome, but with the support of the Token Sale funding, we will have time and scale to do this task.

What is the timeline to get Telcos on board?

We are talking to telcos around the world and will most likely gather a partnership with the first group within the next 6 months. This will
likely be a group of progressive telcos, who realize the benefits of
being on the side of their customers. Our DENT model has the benefit to
be fully scalable. We can start with a single domestic player who wants
his customers to be able to easily buy, sell and share mobile data. We
can scale to integrate multiple telcos in one market to tap into a wider
user base. And of course we will connect multiple domestic markets to
facilitate global data exchange, and a "roam like a local" experience
for all users. Of course, we know that dealing with telcos is slow and
cumbersome, but with the support of the Token Sale funding, we will have
time and scale to do this task.

How big is the market?

According to a recent study of CISCO, the amount of mobile data world-wide grew

63% in 2016, and it was 7.2 billion Gigabytes per month in December 2016. According to a stuy of Parks Associates, the telcos make $386 Billion USD revenue / year with mobile data. That is $32,2 Billion USD revenue for the telcos per month.If 15% of that is unused data from users, that makes $4.8 Billion USD monthly value for the unused data market alone. References: CISCO study about data traffic: http://bit.ly/1W26UQoParks Associates Study of Mobile Data Revenue 2015-2010: http://bit.ly/2sGwaar

How will DENT Wireless use the funds from the Token Sale?

The funds will be used for the development and launch of the DENT Exchange platform, to acquire users to DENT Community, to hire staff to acquire and integrate telcos onto DENT Exchange, and of course on sales and marketing.

To be able to do this in a large scale, we will establish local offices in central hubs like Singapore, New York, Berlin and London and later in Latin America. The following list is a preliminary spread of the funding, the final distribution will depend on the size of the funding that becomes available from the crowdsale.

--- Funding usage plan:

25% in core platform development, R&D To build and launch the DENT Exchange platform as written in the whitepaper, we will hire more developers into our team to speed up the development roadmap accordingly.

18% Technical integration team to enable telco to become part of the DENT network, using the DENT APIs.

10% Mobile App development A dedicated mobile app team of 15 people is estimated to be needed as a resource to release the Android and iOS mobile apps. A team with designers, developers, QA people and testers is needed.

17% platform operations, maintenance and support To operate the platform and to scale it according to the planned demand, we need a strong operations team, which will work on 3 continents to provide the service level in a critical marketplace.

22% in Sales and Marketing Main tasks for the sales team is to acquire telco partners world-wide to enable the customers to use the DENT. Also we use the funds end-user acquisition. The Company-owned DENT tokes will be used for seeding the users.

8% General Administration, legal and compliance.

What are the key milestones for DENT?

The key milestones are:

1. The crowdfunding to scale the development team to launch the DENT Exchange, DENT mobile apps on iOS and Android, and to hire the sales, marketing, support and engineering people to get the operations started at a larger scale.

2. Launching the DENT Community to start acquiring users in key countries to become members.

3. Negotiating with telcos on behalf of the community to liberate the user-to-user data transfer and to connect the telcos to the marketplace.

4. Launch domestic telcos on the marketplace.

5. Launch the international DENT Exchange

How will DENT Exchange make money?

The currency used in trading, the DENT Token, is what powers the platform. The actual sale, purchase and donation of transactions enters the Ethereum blockchain, utilizing ETH. The instruments, i.e. data packages, will be Smart Contracts in the Ethereum blockchain. DENT Exchange will drive Ethereum Smart Contracts, effectively making the system a blockchain-based trading platform. The crowdsale will allow participants to purchase DENT with a low starting price, before it becomes used in the exchange. As the exchange becomes a de-facto place for trading mobile data bandwidth, it will also become the principal method for determining the floating price of mobile data worldwide. Telcos, market participants and end-users will all interact in a true market driven way to determine the current price. Eventually this will lead to increased competition, providing new packages to the exchange and further enable the DENT Exchange to become the dominant force in the mobile data space, utilizing the DENT currency. The revenue of DENT Exchange will come from transaction fees via spread and commissions. We will be establishing the DENT Token for these transactions, and our goal is to give mobile operators, consumers, enterprises and other market participants easy tools to compete and run their mobile data needs in the new open world.

What makes you different from the competition?

As we are the first company to create an overarching marketplace for trading with mobile data, our competition comes from the legacy silo approach that currently is the status-quo for telcos. Our trading platform will treat mobile data as a resource or commodity which will be openly traded and priced.

How will you acquire users?

We will combine users of mobile operators to a collective billion-dollar group of influential power.DENT Tokens will enable users to download the DENT mobile app and to become a member of the powerful DENT Community.

The most valuable asset to mobile operators are the people, that create an average $460 USD revenue in a contract lifetime

When
we have, for example, 2 million customers of a telco consolidated as
one group, that means the buying power of that group to be $920 Million
USD in the contract lifetime.

DENT will act as the
representative for this group to negotiate with the telcos to improve
their data service offerings with the target to allow people to start
selling and buying excess data between users.

Think
of the DENT Community as a “union” of telco customers, which will use
its collective power to stipulate changes and improvements in the way
mobile data and telco services are provided today.

The
United Nations are advocating sustainable development for mobile data,
we are supportive of this effort to bring affordable mobile data to
developing countries and regions.

The DENT team will represent all DENT members in the negotiations with telcos.

Dent Token ICO open in less than 20 hours

Dent Token How to claim the presale tokens:

Your tokens will be claimable about 3 weeks after the main token sale is concluded 26 July 2017.

Note:

You can do this only after the token sale is over. Tokens are not immediately transferable after the token sale is over. The team will announce when the tokens become transferable.

How to claim the tokens: Make a transaction from the same account you made the first deposit.Be sure to use an ERC20 compatible wallet. Your tokens are transferred to this account instantly after claiming.